North America

Mexico’s G20 Summit: In the Eye of the Storm

The hopes of Mexico’s president Felipe Calderon to have the European crisis under control before he presides over the G20 Summit have been dashed. Although the immediate threat of an economic meltdown has subsided, the crisis is far from over. Continued uncertainty in Greece and growing crisis in Spain are the most recent problems that have worsened the situation in the euro zone, said the European Commission in its weekly report for the last week of May. As usual, it called for holding the line.

read more